On 9 July, I wrote a piece on how fear of a collapse of the eurozone must be so strong that investors are paying Germany to borrow money from them. Today, I read in The Business Times that "Millionaires added US stocks more than any other asset in the latest year as average investors fled to bonds, according to a survey by Fidelity Investments." The survey involved 1,020 households with at least US$1 million in investable assets, excluding retirement savings and property, for the 12 months ended March 2012: 20% bought individual domestic equities. 13% added to the cash positions. 11% bought into ETFs. 10% added to bonds or stock funds. Average age of respondents: 61 years old. Average investable assets: US$ 3.05 million per respondent. "They're probably ahead of the average investor in how they view opportunities," Bob Oros, EVP in Fidelity's wealth services group, ......